[Reprinted from original]

Fur Harvesters Auction Inc. (FHA), after much deliberation, has decided to hold its opening auction of
the season in Toronto at 65 Skyway Avenue. FHA will host the auction starting on March 24th, on show
from March 20th, selling FHA goods consecutively, after which NAFA’s remaining fur inventory will be
auctioned. We believe this to be in the best interest of our trappers and the trade.

The Toronto facility will provide a very familiar and professional environment for the international buyers attending our auction. We are confident that the decision to hold our March 2020 auction in Toronto isthe best choice for our shippers, buyers and our company to realize optimal results, by capitalizing on the attendance drawn by our increased quantities at this season’s opening auction. FHA will also utilize NAFA’s remote auction/online viewing system, which will allow all international buyers to view and buy in this auction if they are not able to participate in person.

As we continue to closely monitor the ongoing Coronavirus outbreak in China, we are keenly aware that
some buyers may need to make last minute travel arrangements, and feel that this decision will also assist them.

We thank the entire trade for the overwhelming confidence and support we have received over the years andlook forward to seeing you all in Toronto.